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Vol 63 No 19

Published 22nd September 2022


Steinmetz plays his get out of jail card

Dropping earlier arguments that the evidence of corruption was fake, the mining magnate is appealing against his conviction by redefining bribery

Punishing foreign bribery is still a novel idea in Switzerland. There have been just 18 convictions since it became a crime in 2000, before which it was tax-deductible. And the prosecution of Israeli mining magnate Beny Steinmetz is turning out to be a landmark test of Switzerland's judicial system as much for the legal technicalities and the noises off as for the substance.

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